Investors spooked by Computacenter’s Q3 slowdown

Investors shouldn't be too surprised by disappointing third-quarter numbers at Computacenter (CCC). Management had repeatedly warned that a “challenging comparison” would make it difficult to maintain growth in the three months to September and acknowledged it had “set a high bar to outperform in 2018” when it announced its 2017 full-year results. But that didn't stop disappointment in a 3 per cent decline in like-for-like sales – the shares fell by nearly a fifth following the announcement.